ELECTRONICS FOR IMAGING INC (EFII) Stock Technical Analysis
NASDAQ:EFII - Nasdaq -
Overall EFII gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, EFII is only an average performer.
Besides having an excellent technical rating, EFII also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 36.94, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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29.21
When analyzing the support we can see 3 important areas.
- A support zone ranging from 36.64 to 36.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.39 from a trend line in the daily time frame.
- Support @29.50 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 36.97 to 37.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.84 to 38.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for EFII is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EFII is up. |
| ChartMill Relative Strength | 74.53 | POSITIVE | EFII has a high relative strength, it outperformed 74.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EFII is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EFII is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of EFII is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.46 | NEUTRAL | The RSI value for EFII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests EFII has a negative trend. |
| Stochastics (14,3) | 83.94 | OVERBOUGHT | The high Stochastics value suggests EFII may be overbought. |
| Average True Range in percent/ATR (20) | 0.09 | LOW VOLATILITY | The low ATR as a percentage value for EFII suggests low volalility. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.98 | 36.93 | 0.05 (0.14%) | 25.00% |
| An entry @36.98. This is a Buy Stop order right above the 10 day moving average. | An exit @36.93. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.05 points, which is 0.14%. | For a 0.04% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
36.97
-0.01 (-0.03%)